"We're excited to start getting people into the building," Lampart said. "We had over 400 people on a list and we're working their way through the list; we're about halfway through it, and I think we're at about 50 applications approved."

Lampart said the approval process "takes a while," noting the management company in charge of processing the applications must review credit applications, background checks and review bank account information.

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Landis Square is for residents 55 and older on median income, which is $18,000 to $28,000, Lampart said. Rent ranges from $650 per month for a one-bedroom to around $750 per month for one of the four two-bedroom apartments in the building.

Landis Square boasts a common area, game room, gym and other amenities for residents, including a small library.

Each unit comes equipped with a refrigerator, oven, dishwasher and heating and air conditioning unit.

"Landis Avenue is seeing a whole changeover and a lot of things started with the Landis Senior project," Fanucci said of Lampart's venture. "It has dramatically changed the landscape of that corner (East and Landis avenues, which includes Landis Theater)."

Fanucci credited Lampart for staying the course through nearly 10 years of ups and downs with the project.

"Our seniors don't get to see all the benefits and things they deserve and I'm just happy to be a part of it, first as a councilman and now as mayor, and to see it come to fruition," Fanucci said. "(Lampart) stuck with this thing through a number of administrations, through a lot of positive and an awful lot of negative, a lot of grandstanding and unnecessary negativity, and here we are now seeing the fruits of that."

Landis Square boasts 10,000 square feet of retail space on the ground floor, 5,000 of which is earmarked for office space for Lampart's companies — Eastern Pacific Development and Brookfield Construction.

Lampart said he could advertise the remaining retail space at some point in the future.